Life360 Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 29, 2024
LIF$41.98-6.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Equity
| Common Stock · AdditionalPaid-In Capital · Notes Duefrom Affiliates · AccumulatedDeficit · AccumulatedOtherComprehensiveIncome (Loss) · TotalStockholders’Equity | |||||||
|---|---|---|---|---|---|---|---|
| Shares · Amount | |||||||
| Balance at December 31, 2020 | 50,035,408 | $50 | $196,852 | $(927) | $(131,786) | $— | $64,189 |
| Exercise of stock options | 1,056,352 | 1 | 3,542 | — | — | — | 3,543 |
| Exercise of warrants | 37,410 | — | — | — | — | — | — |
| Vesting of restricted stock units | 547,882 | 1 | (1) | — | — | — | — |
| Taxes paid related to net settlement of equity awards | — | — | (4,725) | — | — | — | (4,725) |
| Issuance of warrants with convertible note (Note 9) | — | — | 844 | — | — | — | 844 |
| Beneficial conversion feature associated with convertible note (Note 9) | — | — | 603 | — | — | — | 603 |
| Issuance of common stock in connection with an acquisition | 765,733 | 1 | 13,820 | — | — | — | 13,821 |
| Issuance of common stock net of issuance costs of $5,757 | 7,779,014 | 8 | 193,056 | — | — | — | 193,064 |
| Vested option awards assumed in connection with an acquisition | — | — | 533 | — | — | — | 533 |
| Stock-based compensation expense | — | — | 11,754 | — | — | — | 11,754 |
| Interest accrued relating to notes due from affiliates | — | — | — | (24) | — | — | (24) |
| Net loss | — | — | — | — | (33,557) | — | (33,557) |
| Balance at December 31, 2021 | 60,221,799 | $61 | $416,278 | $(951) | $(165,343) | $— | $250,045 |
| Exercise of stock options | 458,422 | 1 | 2,393 | — | — | — | 2,394 |
| Exercise of warrants | 87,795 | — | 1 | — | — | — | 1 |
| Vesting of restricted stock units | 762,488 | 1 | (1) | — | — | — | — |
| Taxes paid related to net settlement of equity awards | — | — | (4,077) | — | — | — | (4,077) |
| Issuance of common stock in connection with an acquisition | 763,183 | 1 | 15,408 | — | — | — | 15,409 |
| Issuance of common stock net of issuance costs of $1,050 | 2,645,503 | 3 | 32,212 | — | — | — | 32,215 |
| Repayment of notes due from affiliate | — | — | 648 | 648 | — | — | 1,296 |
| Issuance of common stock in settlement of contingent consideration | 376,573 | — | 4,221 | — | — | — | 4,221 |
| Stock-based compensation expense | — | — | 34,680 | — | — | — | 34,680 |
| Interest accrued relating to notes due from affiliates | — | — | — | (11) | — | — | (11) |
| Cancellation of revesting stock | (75,920) | — | — | — | — | — | — |
| Net loss | — | — | — | — | (91,629) | — | (91,629) |
| Change in foreign currency translation adjustment | — | — | — | — | — | (6) | (6) |
| Balance at December 31, 2022 | 65,239,843 | $67 | $501,763 | $(314) | $(256,972) | $(6) | $244,538 |
| Exercise of stock options | 935,007 | $1 | $5,810 | $— | $— | $— | $5,811 |
| Vesting of restricted stock units | 1,980,980 | 2 | (2) | — | — | — | — |
|---|---|---|---|---|---|---|---|
| Taxes paid related to net settlement of equity awards | — | — | (14,033) | — | — | — | (14,033) |
| Repayment of notes due from affiliate | — | — | 78 | 274 | — | — | 352 |
| Stock-based compensation expense | — | — | 38,512 | — | — | — | 38,512 |
| Interest accrued relating to notes due from affiliates | — | — | — | 40 | — | — | 40 |
| Change in foreign currency translation adjustment | — | — | — | — | — | 15 | 15 |
| Net loss | — | — | — | — | (28,171) | — | (28,171) |
| Balance at December 31, 2023 | 68,155,830 | $70 | $532,128 | $— | $(285,143) | $9 | $247,064 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.